VeChain, Renji Hospital and DNV GL Introduce First Blockchain-Based ‘Smart’ Cancer Treatment Center

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VeChain, the developer of blockchain-based solutions to improve supply chain management processes (among other use cases), will be involved in the launch of the first blockchain-based “smart” cancer treatment center.

VeChain will work in partnership with Renji Hospital and DNV GL to introduce the cancer treatment center.

The VeChain Foundation, which supports VeChain’s ongoing development, writes in a blog post:

“In partnership with VeChain and DNV GL, Renji Hospital, a senior hospital in China affiliated with Shanghai Jiaotong University School of Medicine, announced the launch of the first blockchain-enabled intelligent cancer treatment center.”

The Intelligent Tumor Treatment Center aims to serve as the most transparent, efficient and traceable medical management platform that will be powered by VeChain ToolChain, which is a Blockchain-as-a-Service (BaaS) platform offering several services (including the management product life cycle, control of supply chain processes, data storage, data certification and process certification).

As explained by the VeChain team, ToolChain makes it easy for companies to leverage blockchain or distributed ledger technology (DLT) to improve “brand perception” and value, as well as to expand into new business models using “immutable data”.

As confirmed in the update:

“The launch [of the Intelligent Tumor Center] was announced on October 20, 2020 at Renji Hospital’s High Quality Integrated Development Launch Conference. As strategic partners of this new initiative, VeChain and DNV GL will jointly support the hospital in its quest to improve global public health through cutting-edge blockchain technology and professional counseling. “

The VeChain Foundation notes that their project is in line or consistent with the Chinese government’s 14th five-year plan (2021-2025) for economic and social development. The country’s National Health Commission has reportedly prepared official guidelines and “reaffirmed blockchain technology as an essential innovation” that should be integrated with the nation’s medical and health sector.

Sunny Lu, co-founder and CEO of VeChain, said:

“As digital transformation in healthcare accelerates, VeChain will continue to demonstrate its benefits and flexibility as a superior blockchain platform suitable for all types of use cases and industries.”

As recently reported, VeChain had confirmed that he was committed to the fight against COVID-19. The blockchain-focused organization has partnered with Sam’s Club in China to launch a DLT-based traceability solution.

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